Peter Thiel got rich investing in PayPal and Facebook Inc. before most people knew them, built a hedge fund that at its apex managed $7.2 billion, and forecast the collapse of the U.S. housing market. He also lost almost two-thirds of his clients’ money.
Facebook Inc. director Peter Thiel, who sold more than 16 million shares in the company’s initial public offering, has given himself added flexibility to sell more of his holdings, a regulatory filing shows.
The advent of massively open online classes (MOOCs) is the single most important technological development of the millennium so far. I say this for two main reasons. First, for the enormously transformative impact MOOCs can have on literally billions of people in the world. Second, for the equally disruptive effect MOOCs will inevitably have on the global education industry. While at Davos, I was fortunate to attend an...
Airbnb Inc., operator of a website that lets people rent out rooms and residences, is raising about $150 million in new funding that values the company at about $2.5 billion, said people familiar with the matter.
Peter Thiel, whose Clarium Capital Management LLC lost 90 percent of assets from its peak until the end of last year, plans to invest the global macro hedge fund in what made him a billionaire: private technology ventures.
Peter Thiel, the billionaire venture capitalist and PayPal Inc. co-founder who has encouraged would-be entrepreneurs to drop out of college, will teach a lecture course at Stanford University on startups.